States › Minnesota › March 2026
Minnesota electricity prices, March 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In March 2026, residential customers in Minnesota paid an average of 15.08¢ per kilowatthour, little changed on the same month a year earlier (15.09¢). The US average for the month was 18.56¢; Minnesota was 19% below that. It ranked 31st highest among the 50 states and the District of Columbia.
Residential sales were 1,899,885 MWh, little changed on a year earlier, and the average residential bill for the month was $108.71 on 721 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.
EIA marks this month as preliminary. Preliminary months come from the Form EIA-861M sample and are revised when the annual census is complete.
Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.
Price by sector
| Sector | Mar 2026 | Mar 2025 | Change | US, Mar 2026 |
|---|---|---|---|---|
| Residential | 15.08¢ | 15.09¢ | -0.1% | 18.56¢ |
| Commercial | 11.18¢ | 11.87¢ | -5.8% | 13.92¢ |
| Industrial | 9.29¢ | 9.03¢ | +2.9% | 8.58¢ |
| All sectors | 11.97¢ | 12.15¢ | -1.5% | 14.08¢ |
Sales and customers
| Measure | Mar 2026 | Mar 2025 | Change |
|---|---|---|---|
| Residential sales | 1.9 TWh | 1.9 TWh | +0.5% |
| Sales, all sectors | 5.5 TWh | 5.4 TWh | +2.3% |
| Residential customers | 2,635,864 | 2,608,732 | +1.0% |
| Average residential bill | $108.71 | $109.42 | -0.6% |
| Average residential use, kWh | 721 | 725 | -0.6% |
| US residential price | 18.56¢ | 17.09¢ | +8.6% |
The two years to March 2026
Minnesota residentialUS residential
Questions and answers
What was the average electricity price in Minnesota in March 2026?
15.08¢ per kilowatthour for residential customers, 11.18¢ for commercial and 9.29¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 15.09¢ in March 2025, a change of -0.1%. Residential sales changed by +0.5% over the same period.
What was the average residential bill that month?
$108.71, on average use of 721 kWh. This is residential revenue divided by residential customers for the month.
Provenance
Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Preliminary" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Minnesota page.